SCHMID Competitors
| SHMD Stock | 10.42 1.33 14.63% |
SCHMID Group vs NET Power Correlation
Very good diversification
The correlation between SCHMID Group NV and NPWR is -0.36 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SCHMID Group NV and NPWR in the same portfolio, assuming nothing else is changed.
Moving together with SCHMID Stock
| 0.78 | ARW | Arrow Electronics Tech Boost | PairCorr |
| 0.79 | GLW | Corning Incorporated Tech Boost | PairCorr |
Moving against SCHMID Stock
| 0.85 | TRNR | Interactive Strength | PairCorr |
| 0.85 | APVO | Aptevo Therapeutics | PairCorr |
| 0.84 | REFR | Research Frontiers | PairCorr |
| 0.73 | HOLO | MicroCloud Hologram | PairCorr |
| 0.54 | VLCN | Volcon Inc Symbol Change | PairCorr |
SCHMID Group Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between SCHMID Group and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of SCHMID and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of SCHMID Group NV does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between SCHMID Stock performing well and SCHMID Group Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze SCHMID Group's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TWIN | 2.27 | 0.05 | 0.01 | 0.13 | 3.45 | 4.75 | 21.23 | |||
| NVX | 4.03 | (0.77) | 0.00 | (0.17) | 0.00 | 7.92 | 33.61 | |||
| SPCE | 3.72 | (0.60) | 0.00 | (0.24) | 0.00 | 6.71 | 27.80 | |||
| ALTG | 2.85 | 0.16 | 0.08 | 0.14 | 3.30 | 7.06 | 15.40 | |||
| PAMT | 3.01 | 0.25 | 0.08 | 0.24 | 3.21 | 7.34 | 17.24 | |||
| POWW | 2.36 | 0.01 | 0.02 | 0.09 | 2.84 | 5.59 | 14.96 | |||
| SLND | 4.34 | (1.39) | 0.00 | (0.42) | 0.00 | 8.20 | 33.71 | |||
| GENC | 1.96 | 0.05 | 0.06 | 0.10 | 1.90 | 5.25 | 10.79 | |||
| FC | 2.00 | 0.16 | 0.07 | 0.18 | 2.82 | 5.11 | 15.18 | |||
| NPWR | 3.32 | (1.04) | 0.00 | (0.31) | 0.00 | 7.00 | 18.48 |
Cross Equities Net Income Analysis
Compare SCHMID Group NV and related stocks such as Twin Disc, Novonix Ltd ADR, and Virgin Galactic Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TWIN | (3.7 M) | 26.1 M | 3.9 M | 3.6 M | 11.2 M | (13.1 M) | (6.3 M) | 9.5 M | 10.7 M | (39.8 M) | (29.7 M) | 10.5 M | 10.4 M | 11 M | (1.9 M) | (1.7 M) | (1.6 M) |
| NVX | (51.9 M) | (51.9 M) | (51.9 M) | (51.9 M) | (3.9 K) | (1.2 M) | (6.1 M) | (10.3 M) | (26.1 M) | (20 M) | (18.1 M) | (51.9 M) | (38.1 M) | (46.2 M) | (74.8 M) | (67.3 M) | (64 M) |
| SPCE | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 11 M | (210.9 M) | (644.9 M) | (352.9 M) | (500.2 M) | (502.3 M) | (346.7 M) | (312.1 M) | (327.7 M) |
| ALTG | (800) | (800) | (800) | (800) | (800) | (800) | (800) | (800) | (1.1 K) | 8.9 K | (24 M) | (20.8 M) | 9.3 M | 8.9 M | (62.1 M) | (55.9 M) | (53.1 M) |
| PAMT | 1.5 M | (2.9 M) | 2.2 M | 5.9 M | 13.5 M | 21.4 M | 11.1 M | 38.9 M | 24 M | 7.9 M | 17.8 M | 76.5 M | 90.7 M | 18.4 M | (31.8 M) | (36.6 M) | (34.7 M) |
| POWW | 270 K | (26.2 K) | (31.3 K) | (22.6 K) | (21.9 K) | (20 K) | (333 K) | (5.1 M) | (11.7 M) | (14.6 M) | (7.8 M) | 25.9 M | (8.8 M) | (16.6 M) | (130.8 M) | (117.8 M) | (111.9 M) |
| SLND | 30.4 M | 30.4 M | 30.4 M | 30.4 M | 30.4 M | 30.4 M | 30.4 M | 30.4 M | 30.4 M | 30.4 M | 33.7 M | 38.7 M | 60.5 M | (19.3 M) | (105.4 M) | (94.8 M) | (90.1 M) |
| GENC | 1.2 M | 4.5 M | 6.7 M | 3.5 M | (1.8 M) | 7 M | 8.4 M | 12.6 M | 10.2 M | 5.5 M | 5.8 M | (372 K) | 14.7 M | 14.6 M | 15.7 M | 18 M | 18.9 M |
| FC | 10.8 M | 7.8 M | 14.3 M | 18.1 M | 11.1 M | 7 M | (7.2 M) | (5.9 M) | (1 M) | (9.4 M) | 13.6 M | 18.4 M | 17.8 M | 23.4 M | 3.1 M | 2.8 M | 5 M |
| NPWR | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (38.3 M) | (54.8 M) | (77.2 M) | (49.2 M) | (44.3 M) | (46.5 M) |
SCHMID Group NV and related stocks such as Twin Disc, Novonix Ltd ADR, and Virgin Galactic Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in SCHMID Group NV financial statement analysis. It represents the amount of money remaining after all of SCHMID Group NV operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.SCHMID Group Competitive Analysis
The better you understand SCHMID Group competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, SCHMID Group's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across SCHMID Group's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
SCHMID Group Competition Performance Charts
Five steps to successful analysis of SCHMID Group Competition
SCHMID Group's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by SCHMID Group NV in relation to its competition. SCHMID Group's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of SCHMID Group in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact SCHMID Group's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to SCHMID Group NV, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Will Electronic Equipment, Instruments & Components sector continue expanding? Could SCHMID diversify its offerings? Factors like these will boost the valuation of SCHMID Group. If investors know SCHMID will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every SCHMID Group data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
SCHMID Group NV's market price often diverges from its book value, the accounting figure shown on SCHMID's balance sheet. Smart investors calculate SCHMID Group's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since SCHMID Group's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between SCHMID Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if SCHMID Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SCHMID Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.